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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Oct. 27, 1907)
THE SUNDAY OREG0NIAX, PORTLAND, OCTOBER 2T, 1907. PROGRESS DUE TO II OF CLUBS REALTY MARKET Increased Demand for Inside Property, While the Small , Holdings Remain Active. . Improvement Organizations Big Factor in Upbuilding ' : of the East Side. CROP MONEY IN EVIDENCE GREAT AREA BEING FILLED 10 MORE BUYERS IN IS? Millions Received by Farmers, Re sulting In Considerable Buying Here and Movement Will Be come Still More Marked. Unusual depression in the Eastern stock market has had no noticeable effect on property Investment and building activity in Portland. While local sales continue to be chiefly of residence lots and other comparatively low-valued property, there is an in crease In the number of negotiations for inside realty. The large number of sales is resulting in keeping the transfers up to a high mark and the total real estate business for thepres ent year will far surpass that of any other year in the history of the city. Predictions that were made several months ago for a busy Fall are being more than fulfilled. Scarce money in the East has resulted in large loans being made there from Oregon and this has taken money, some of which would probably have been used in real estate. This accounts for the fact that transactions Involving from $50,000 up have not been so numerous as at the same season last year. At the same time there is no real scarcity of money here as is shown by the fact that thousands of Portlanders have been buying and erecting their own homes and getting hold of small revenue paying properties. Many valuable lots have also changed hands for building purposes and the handsome blocks that are going up all over the city are tangible evidences of prosperity. Best Week of Season. "The past week has been the very best of the season." declared D. B. Mackie, of the Commercial Investment Company. "The people of the state are now realizing millions of dollars on the heavy crops and this money is beginning to show up In the' Port land market. Well to do people throughout the state have found that Portland property Is safe and profit able and those who are not closely in touch with the market would be sur prised at the extent. to which these people are coming here to buy. A lit tle later this movement 'will be still more in evidence. "There is sure to be a good market here throughout the Winter and I be lieve that from this time on the deal ing in inside lots will be more marked. Just at present there are indications of tills and both outside and local In vestors are in the market for business property, of which only a small amount Is being placed on sale." Dealers believe that much good will be accomplished by the real estate exchange that Is to be organized by the Portland Realty Board. A committee appointed for this purpose some time ago has been formulating the details and will present its report at a special meeting soon to be called, It is plan ned to secure an office In a central location and have it in charge of some one not actually engaged in the real estate business. Dealers will have an opportunity of listing properties held by them on Bale and these liets will be open to members of the board. There will be a division of commission be tween the dealer furnishing the prop erty and the one representing the buy er. line New Hotel Certain. New hotel' projects are frequently coming to light and the addition of these much needed Improvements is one of the Important factors of the building movement. The latest hotel definitely assured will be erected by Morgan, Sweet & Chapman and the Dletz-Mueller Company on the quarter block at the northwest corner of Fourth and Alder streets. The property has been leased for a period of 30 years at a consideration understood to be in the neighborhood , of (1600 a month. The agreement requires the erection of a hotel costing at least $150,000 and It is said that more than this amount will be opent. The prop erty is owned by the Burke estate. The building will propably be six stories high, although two more may bo added. At present there are leases on the property entendlng to next Spring when the present buildings will be removed and construction begun. It Is planned to have all the building material assembled when work starts so that construction can be expedited as much as possible. During the week the 14-year lease RESIDENCE OF HARRY lull 4Sr' F I Vlls 5'''' tto H - - t !-- RESIDENCE OF G. on the Perkins Hotel was closed by Adam Muehler, representing the Star Brewing Company, of Vancouver. The monthly rental will be $2500 for the first two years and $3000 for the re mainder of the period. Mr. Muehler expecta to spend about $50,000 in mod ernizing the building. The property is owned by Z. S. Spauldlng, of Hono lulu, and considerable delay In closing the lease was necessary while the papers were submitted to Mr. Spauld lng. HOUSES OP CONCRETE BLOCKS Several Portlanders Experiment With New Building Material. Dwellings of concrete are springing up in different portions of the city. A concrete residence for Mr. Parrish, of Parrish & Thompson, is being built at Piedmont and will cost $5500. Archi tect Faber has prepared plans for this RESIDENCE! residence. It will be built entirely of hollow concrete blocks, handsomely or namented in special designs. Mrs. Ellen V. Beaty Is having a resi dence erected of concrete on East Thirty-third street and Hawthorne av enue. It will cost ;.6500. The founda tion and basement alls are finished. There are several local companies making the hollow concrete blocks used in buildings. They make the blocks right on the ground. The use of this material has only commenced and the question of cost compared with other material Is yet to be de cided. , AUSTIN, EAST SEVENTEENTH AND tht -u ia X rL-fc : t H'd r 'T , tfmr'IUi - r - WSft. FRIGWALD, EAST FIFTEENTH AND SCHUYLER STREETS. LiD BUYS AT WILL5BURG SECURES ONE LARGE FOR $46,520. TRACT Qther Transfers Also Indicate That He Has Purchased All of Will's Donation Claim. W.- M. Ladd has secured a deed to a large amount of land in the Wills dona tion land claim, near Willsburg. for $46,520. The deed is dated June 5, 1907. Another parcel of 15 acres in the Wills donation land claim was transferred to.W. M. Ladd for $2500. Other transfers in this section at Willsburg indicate that the Ladd estate has secured all the Wills property.' El L. OF F. J. ALEC MATER, 628 EVERETT Thompson also transfers 33 acres on John son Creek to W. M. Ladd, the considera tion named being $1. Sale of the east half of lots 5 and 6, block 84, East Portland, for $50,000, bas just been completed. The property is at the northwest corner of Union avenue and East Morrison street, and is covered by a three-story frame building, every room of which Is occupied. W. B. Walker bought this lot from the Portland Trust Company of Oregon for $40,000, and now has sold it to the Western Oregon Trust Company for $50,000. Mr. Walker bought only a short time ago. The quarter block on this corner was B RAZEE STREETS. bought by Fredenthal & Daly about a year ago-for $30,000. Increase in the value of real estate in that district is demon strated in the steady advance In the value of the corner. The original purchasers re tain the inside lot, unimproved, which they value at $18,000. A. B. Manley has sold- to Carrie L. Ross 66x100 on . the southeast corner of East Stark and East Twenty-seventh streets for S5300. The lot Is occupied by a modern residence. H. J. Pulfer has sold to Ed ward J. O'Nell a house and lot on East Thirty-fourth street and Hawthorne ave nue for $3500. Ellis G. Hughes has sold to Knut G. Lundstrom a quarter block on East Nineteenth street, near Thompson, for $2500. A warehouse site on East Washington and East Second streets was sold by E. J. Daly to a local investor for $10,000. F. A. Knapp has sold to S. E. Smith lots 15 and 16, block 4, Sunnyside, for $2200. In Alblna Homestead Kate Goff has sold to Charles Nelson the west 33 feet of lot 9, block 23, for $2600. A quarter block at the northeast corner STREET. of East Tenth and Caruthers streets, in Stephens' Addition, was bought by Mrs. Emma A. Freytag for $3700. A. G. Bush light was the former owner. At East Thirteenth and East Morrison streets Henry Westmire has sold a residence and three lots to Leonore F. Mowlin for $38SS. SALES IN IiENTS DISTRICT Slany Homes Bought Along Mount Scott Railway. Residence sales are constantly being made in the district along the Mount Scott Railway to and beyond Lents. At Lents, Joseph Harness has pur chased a corner lot In the Brock tract, and will shortly start work on a house that will cost 1500. Mrs. Susetta Green purchased a half -acre and no-use at Stewart Station for $3000. At this same place T. Brodeur bought a house and four lots for $1000; Hazel King, house and lot, for $1775. Jacob Mitchell bought a house and lot In Laurel wood for $1200; Mary Newcomb, house and lot In Laurel wood for $1350, and near Stewart Sta tion F. J. Noel purchased a house and lot for $1250. J. Triggs has bought a lot near Laurelwood and has already started work on a cottage. B. A. Tyler has the concrete foun dation for a new residence completed in Brock's addition to Lents, and is waiting for the lumber. His home will cost $2500. AT WORK OX NEW WAREHOUSE Blake-McFall Building Large Brick in Sullivan's Gulch. A new warehouse and manufacturing district is being developed in Sullivan's Gulch east of East Sixteenth street. At East Twenty-fifth street and Holladay avenue, work has been started on the three-story brick warehouse for Blake McFall. 100x500. It will stand on the south side of the O. R. & N. main line on a spur that has been laid to the site. Heavy excavation work was neces sary as the rear part of the building will stand, where the bluff has been cut away. This is the first warehouse to be built In this district. Two others similar to the one for Blake-McFall, 'are to be built in the same neighborhood. All these structures will be on the main line of the O. R. & N. Company. There is con siderable acreage on both sides of the railway in Sullivan's Gulch that is suit able for warehouse purposes. Stbi fltud to slaases. II, at Metz(ers, Miles of Hard-Surface Streets Being Laid and Consequent Increase In Values Also Due Large ly to the Clubs. Judge Munly in his address before the North East Side Improvement Associa tion declared that more than $1,000,000 had been added to the value of property in East Portland through the efforts (of the pioneer push club of that section, and he pointed out wherein this had been brought about. He said that there had been a complete cleaning away of dilapi dated shacks, and the erection of many modern business structures. Great Alls are under way and the sloughs are dis appearing. These improvements, he said, were largely due to improvement organi zations. The estimate of Judge Munly as to the amount that has been added to values in East Portland is extremely modest, as can be seen by consulting the books of the County Assessor. Not one, but several millions, have been added to property valuations in that portion of the city. Between the waterfront and East Tenth street the value of property has increased from 25 to 100 per cent in consequence of the class of improvements under way in that district. And yet this work has just been started. Many Streets Being Filled. The fills for which contracts have been let to the Pacific Bridge Company alone will occupy the energies of that company for more than two years to come. East Alder is to be filled, and work has been started in a small way. ' East Oak street is being filled between East Third and East Water streets. Good progress is being made on East Stark street, be tween Grand avenue and East Seventh street. When this embankment Is com pleted, work will be started on East Sixth, between East Washington and East Oak streets, a distance of two blocks. East Washington will be filled between East Seventh and Eighth, and East Morrison will be filled, between East Seventh and Ninth streets. In Brooklyn, East Ninth and East Sixth streets are to be filled as soon as the water of Stephen's Slough has been cared for. In Alblna the ravine on Van couver avenue, between Hancock and Broadway streets, will be filled. In Cook avenue ravine a street will be filled. These are all street fills and are out side of the larger contract for filling up the East Side warehouse district, where work will be started the first of the year. Once under way the big dredger that will scoop up the bottom of the Willam ette River will be In operation until all the low lands on the East Side have been filled. Filling of the streets has left the blocks below grade, and these will all be filled up to the basement level. It will-be an easy matter to run dump cars from the dock at East Water and East Salmon streets to any point required. The haul will be a short one compared with the one now made out to North Mount Tabor. Laying Hard Pavements. Next in importance Is the hard-surface pavement now being laid and in prospect. Grand and Union avenues are both being paved with thlB material. Grand avenue to Sullivan's Gulch and Union avenue to Holladay avenue. The paving of Grand avenue south from Belmont street will be undertaken next year when it will be improved to East Clay street. This class of pavement on Union avenue will stop at Holladay avenue at present, but it will be continued to Highland next year. Belmont street will be improved with crushed rock from East Water to East Tenth and thence on East Thirty-fifth with hard-surface pavement. East Mor rison street will be improved with either stone blocks or hard-surface pavement, between East Water and East Eighth next year. By that time the embank ment west of Union avenue will have settled sufficiently to make it safe to lay permanent pavement. In Irvlngton many blocks of expensive hard-surface im provements are being made. The streets of the Ladd tract south of Hawthorne avenue are also being improved. Erection of the two bridges across Sul livan's Gulch, a steel bridge on Union avenue and a reinforced concrete struc ture at East Twenty-eighth street is equally important. The Council is calling for bids for both structures. There has been a tendency to delay the East Twenty-eighth-street bridge until next year, but tha people Interested will Insist that the bridges are equally Important and should be built at once. Bridge Badly Needed. At East Twenty-eighth street there Is no way to cross Sullivan's Gulch excefCt by a foot bridge. North of Sullivan's Gulch hundreds of handsome residences have been erected and are still under construction. All that territory has been cleared and improved to East Thirty sixth street, or the old Sunderland road. Beyond is Hancock Addition, Rossmere and Rose City Park, and all this big district needs fire protection. Councilman Bennett argues that It will cost the property-owners not much more than $100,000 to put up both these bridges, as the Portland Railway, Light & Power Company will contribute a large share of their cost. This company's franchise was assessed $21,000 as Its portion of the cost of the Grand-avenue bridge, but about $5000 is for changing the plans and for extras to enable the company to lay double tracks on the bridge. The company will have double tracks on both the Union avenue and the East Twenty-eighth-street bridges. Agitation has been started for the building of two subways, one for East Portland and one for Albina. The new North East Side Improvement Associa tion will push this question to the front. President Munly said about these sub ways : "Congestion on all the bridges now spanning the Willamette River, , and especially on the railroad bridge, is forcing to the front the matter of build ing two subways. Delays by the opening of the bridge draws there will always be. and these delays will continue, instead of growing less. Means of transportation are needed between the West and East Side, for Portland Is one great city, and subways seem to offer the best solution of the traffic problem." STONE CHURCH TO BE ERECTED St. Francis Parish to Have a Hand some Edifice. The first steps toward the erection of the new stone church for St. Francis parish, on the south side of East Pine, between East Eleventh and East Twelfth streets, Were taken last week when the Around Weill Well! Well! Since I saw you last spring some of us have been 'round the world some. Lota of OS know good clothes better now than we did. Because all of us have worn good clothes since you accepted my advice and bought Kaufman ' 'Pre Shrunk" Garments to get longest lasting-value for your money in shape-holding suits and overcoats that assure Style-Permanence. If you wear Kaufman "Pre Shrunk" Garments, you know now what a good suit or overcoat really ought to do for you. ' Men don't buy clothes any more to just cover their nakedness. ' But the trouble is with ordinary clothes that that's about all they do "do after a good rain has taken a crack at them and wrinkled and puckered them all up. So thousands and thousands of youngqmen and old, are wearing Kaufman ' 'Pre-Skrunk" Garments today. Because the Exclusive Kaufman "Pre-Shrinking" Process takes all the shrink tendency out of the fab rics out of the cloth before it is cut or made into your suitor overcoat. Trade-Mark las work of clearing the ground was begun. On the north side of the block'fhe par ish residence and hall stand. The parson age is being moved from the corner of East Pine and East Eleventh streets to the south side of the block Into the court between the present church and the pa rochial schoolhouse. The half block facing East Pine street will be occupied mainly by the new struc ture, and as soon as it has been cleared excavations -fr the foundation and base ment will be begun. Rev. Father J. H. Black, the pastor, has had the new church in mind for several years, and during his visit to the Holy Land and Rome gathered many Ideas as to church construction and decoration. A. H. Faber, the architect. Is at work on the plans, and has them nearly com pleted. The foundation will be of con crete, but the visible portion of the walls will be of natural stone, which will be dressed at the quarry and shipped ready to be placed In the walls. About two years will be required to complete the building, and Its total cost when fin ished and decorated will exceed $125,000. It will be one of the finest churches in the city, and will be the realization of the wishes and efforts of Father Black for many years. The present church, which stands on 12 E3Pre CMICAW V Doctors Ayer's Cherry Pectoral is a doctor's medicine. Doctors prescribe it, endorse it. Use it or not, as your doctor says. Ayers Cherry Pectoral REVISED FORMULA You could not please us better than to ask your doctor about Ayer's Cherry Pectoral for coughs, colds, croupv bronchitis. Thousands of families always keep it in the house. The approval of their physician and the experience of many years have given them great confidence in this cough medicine. We have no secrets I We publish the formulas of all our medicines. T. C. AYER CO., Manufacturing Chemists, Lowell, Miss. the World j Nooneelse but the Kaufmans can use their " Pre-Shrinking" Process, which is the only one that properly Takes all the shrink tendency out of the cloth. Prevents the garment bagging anywhere. Does away with puckering seams. 1 Prevents hang-back collars. Now, do YOU wear or WANT clothes made like that? SURE you do! And the ONLY way to get them is to go to Leading Dealers who have a full assortment of the sea son's latest fashionable styles re eminent in Kaufman Garments Suits and Overcoats and demand to see the Kaufman Guarantee Label on each garment. This label, which is the Kaufman Trade-Mark shown here , is your Guaranteed the satisfactory fit and sty lepermanenct of any Kaufman Garmenlyouselect. Why wear clothes that cost higher when at these prices you get longer wear and the styU permanence which only the Kauf man " Pre-Shrinking" Process caa give your clothes ? Our prices range from $ 1 2. to $30. Most people can be suited in Kaufman "Fre-Shrunk" Garments l-$15.to$18.-J Ask Kaufman Dealers for the new Kaufman Fall and Winter Style -Book Handsomely illustrated. Most interesting to read. On "Pre-Shrunk" advantages. Or, write Chas. Kaufman & Bros., Chicago. - No stamps necessary 1 the northeast corner of East Oak and East Eleventh streets, will be occupied until the new stone building is completed. St. Francis parish has a big member ship, over lmo, and the present church Is not half big enough to accommodate them. Building Another Flueless House. A. H. Faber, the architect, has sold his flueless house in Piedmont to Mrs. David Trefz for $5650. Mr. Faber intended this house for his own home, and has begun the erection of another house along the same lines on Alnsworth and Mallory avenues. It will be a bungalow. 38x5 feet, containing seven rooms and will be built of vitrified slag from the smelter at Oswe go. The bathroom will be one solid piece of raecollth, Including the bathtub and shower bath. The cost of the house is estimated at $5000. Flatlron Apartment House. Work has been started on the foundation of a three-story apartment-house on Lar rabee street, between Holladay avenue and Hassalo street, for Mrs. C. M. Sherer. The cost will be $25,000 and the building will be of brick. It Is designed in the shape of a flatlron. C. E. Oberg is the contractor. h, SfeiESilkf3 enits